Bath Rd
West Drayton UB7 0DP
Leonardo Hotel London Heathrow Airport · Hospitality Property For Sale · 230 Rooms
INVESTMENT HIGHLIGHTS
- On the Bath Road, a five-minute shuttle ride from Terminals 2 and 3
- The property also has a secure underground car park with 94 spaces on a 2.4 acre site
- Situated at at London Heathrow Airport
EXECUTIVE SUMMARY
The freehold interest in the Leonardo Hotel at London Heathrow Airport is being marketed for sale with a guide price of £30 million attached.
The purpose-built hotel, which was refurbished in 2019-2020, comprises 230 en suite bedrooms, 14 meeting and conference rooms, a bar, restaurant with 140 covers, and a fitness area and two spa treatment rooms. The property also has a secure underground car park with 94 spaces on a 2.4 acre site.
The hotel is let on a fully repairing and insuring lease to Leonardo Hotels with a parent company guarantee from Fattal Hotels, subject to 5-yearly retail price index linked upwards only rent reviews and has just over 15 years remaining on the lease. The passing rent is £1.7 million and is expected to increase to over £2 million by the next review in March 2025.
The purpose-built hotel, which was refurbished in 2019-2020, comprises 230 en suite bedrooms, 14 meeting and conference rooms, a bar, restaurant with 140 covers, and a fitness area and two spa treatment rooms. The property also has a secure underground car park with 94 spaces on a 2.4 acre site.
The hotel is let on a fully repairing and insuring lease to Leonardo Hotels with a parent company guarantee from Fattal Hotels, subject to 5-yearly retail price index linked upwards only rent reviews and has just over 15 years remaining on the lease. The passing rent is £1.7 million and is expected to increase to over £2 million by the next review in March 2025.
PROPERTY FACTS Sale Pending
| Price Per Room | $168,590 |
| Sale Type | Investment |
| Cap Rate | 5.67% |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.41 AC |
| Building Size | 93,437 SF |
| No. Rooms | 230 |
| No. Stories | 4 |
| Year Built/Renovated | 2000/2008 |
| Parking Ratio | 1.18/1,000 SF |
| Corridor | Interior |
AMENITIES
- Business Center
- Fitness Center
- Restaurant
- Room Service
- Shuttle Service
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 230 | $298.57 | - |
